News Centre

Canadian Securities Administrators Publishes Guidance For Know-Your-Client, Know-Your-Product And Suitability Obligations

Date 09/01/2014

The Canadian Securities Administrators (CSA) today published CSA Staff Notice 31-336 Guidance for Portfolio Managers, Exempt Market Dealers and Other Registrants on the Know-Your-Client, Know-Your-Product and Suitability Obligations (Notice).

iSTOXX® Efficient Capital® Managed Futures 20 Index December 2013 – Monthly Report & Commentary

Date 09/01/2014

The iSTOXX® Efficient Capital® Managed Futures 20 Index, developed by STOXX Limited in collaboration with Efficient Capital® Management, a leading provider in the Managed Futures space, represents the performance of 20 of the largest Managed Futures Traders. Strict rules about minimum assets under management, existing track record and fee structure are applied to the initial universe of CTAs to ensure market representativeness. STOXX® independently constructs, calculates and publishes the index value on a daily basis, while Efficient Capital serves as a research partner.

New York Attorney General Schneiderman Announces Agreement With BlackRock To End Its Analyst Survey Program Worldwide - Groundbreaking Agreement With BlackRock The First Reform Resulting From Industry-Wide Investigation Into Early Access To Analyst Sentiment - Schneiderman: Agreement With BlackRock To End Analyst Survey Program And Cooperate With Investigation Into “Insider Trading 2.0” A Major Step Forward

Date 09/01/2014

Attorney General Eric T. Schneiderman announced today the first major reform resulting from his industry-wide investigation into the early release of Wall Street analyst sentiment, a practice that provides an unfair advantage to elite and technologically sophisticated market players at the expense of others in the market. This follows a separate reform secured by the Attorney General in which Thomson Reuters agreed to stop selling an early release of consumer survey data to high-frequency traders. 

Euronext Strengthens Senior Management Team

Date 09/01/2014

Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced a series of management changes that will support and strengthen development in Europe. The new senior management structure, according to Dominique Cerutti, Chief Executive of Euronext, “will accelerate our targeted growth opportunities in Europe by bringing outstanding additional talent to our leadership team as we address the rapidly changing and increasingly competitive global landscape.”

SEC Announces 2014 Examination Priorities

Date 09/01/2014

The Securities and Exchange Commission today announced its examination priorities for 2014, which cover a wide range of issues at financial institutions, including investment advisers and investment companies, broker-dealers, clearing agencies, exchanges and other self-regulatory organizations, hedge funds, private equity funds, and transfer agents.

European Central Bank: New Directors General For Supervision Appointed - Four New Directors General To Take Up Positions In Early 2014

Date 09/01/2014

The Executive Board of the European Central Bank (ECB) has appointed the four Directors General who are to head the single supervisory mechanism. Under the mechanism, the banking systems of participating EU Member States will be supervised as of November 2014.

SEC Charges Diamond Foods And Two Former Executives In Accounting Scheme To Boost Earnings Growth

Date 09/01/2014

The Securities and Exchange Commission today charged San Francisco-based snack foods company Diamond Foods and two former executives for their roles in an accounting scheme to falsify walnut costs in order to boost earnings and meet estimates by stock analysts. 

Dubai Financial Market Closed On Sunday 12 January

Date 09/01/2014

On the occasion of the Prophet’s birthday, the market will be closed on Sunday, 12 January 2014 and will resume on Monday, 13 January 2014.

OIC Introduces The Industry's Premiere Options Education Program

Date 09/01/2014

Today OIC rolled out its new options education initiative, the Options Education Program. The Options Education Program brings together OIC’s full range of educational offerings and network of leading industry professionals to offer investors, whether novice or advanced, the best educational platform possible to learn about options for free.

Warsaw Stock Exchange Ranks Second In Europe By Number And Third By Value Of IPOs In Q4 2013

Date 09/01/2014

• WSE was Europe’s #2 by the number of IPOs in Q4 2013.
• The aggregate value of IPOs on WSE in Q4 2013 was more than EUR 1 billion.